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In my letter published July 24, coupled with a favorable Motley Fool review I read, I predicted the stock market will crash after the election this fall. I mentioned that the top 10 percent who own 80 percent of the stock will be selling their stock to take advantage of Trump’s tax break he gave them. They are waiting until after the election so it won’t hurt the Republicans in the ballot box. The top 10 percent and the top 20 percent do own 92 percent of the stock on the stock market. These are the people that run this country. They also have all those Republican congressmen in their pockets.

My vision seems to be right on track. The stock market has continued to keep going up. Nobody can explain why.  It will continue through up to the election. I recommended to all you average Joes out there to get your money out of that high-risk stock and put it in some of the lowest-risk places you can find, or you will find yourself in the same place as those people back when George W. Bush reduced taxes and the average Joe’s lost 50 percent of their value in their 401(k)s.

I also talked about Trump and his trade wars. The farmers had lost $2 a bushel on their beans and 50 cents a bushel on their corn. There is one local farmer who knows how to make lemonade when he is given lemons. He is doubling down on the number of hogs he raises. He won’t be selling his corn on the open market, he will be feeding it to his hogs. He knows how to deal with that fool we have in the White House. As far as I know, Trump hasn’t messed with the hog market yet. I am still bragging I didn’t vote for Trump.   

Wayne Thorson

Albert Lea